NOV (NOV:NYSE)

NOV has recently proven its capabilities as an industry leader in the upstream oil and gas capex segment, completing the delivery of an integrated drilling equipment and subsea package for one of the most technologically advanced rigs available. This makes me optimistic about the growth potential for NOV’s revenues and earnings in this sector, which should provide further incentive for investors. 

In our opinion, NOI is a strong buy at current prices as long as it remains above $20.50-$21.00. If it follows through on its potential, our believe it could reach as high as $30.00-$32.00 in the near future – a considerable upside to the stock’s current level.

Green Brick Partners (GRBK:NYSE)

GRBK has positioned itself well to benefit from the growing trend of regionalized real estate returns by tapping into Austin’s burgeoning market. Additionally, the Texas homebuilding company stands apart with a net income margin of 17%, one of the highest in the industry. 

It’s clear that GRBK is investing in their future and creating value for customers, and as an investor, We are optimistic that the stock will continue to generate positive returns so long as it remains above $27-$28. With an upside target of between $40-$42, this investment could be a lucrative one for those willing to take on some risk.

Bitcoin Dominance (BTC.D)

In the first week of February, BTC Dominance dropped from 44.5% (resistance) down to 43.5% (support), where, over the last week, it has been trending sideways and consolidating. If it moves up to retest previous areas of support, the first one is at 44%. 

If BTC Dominance drops from the current level, the next areas of support come in at 42.5% and below that at the daily support line from November, at 42%. 

A drop in BTC.D from current levels would be very bullish for the general altcoin market.

TOTAL3 (Crypto Total Market Cap Exclude BTC & ETH)

The TOTAL3 has now printed another lower high on its 4-hour chart and looks to be distributing. 

If the TOTAL3 fails to reclaim the $370 billion level soon, it would mean that prices are likely to continue heading down and, subsequently, bears will take back control.

However, a quick reclaim of $370 billion would be incredibly bullish and likely a bear trap.